Growing Export Market Makes Ethanol Big Business in U.S.
Attachment: U.S. Ethanol Export Markets
SUGAR LAND--April 25, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--With strong domestic production, fuel ethanol exports from the U.S. hit a record high in 2018, increasing nearly 25%, from 91,000 barrels per day (BBL/d) in 2017 to 112,000 BBL/d in 2018, according to the U.S. Energy Information Administration (EIA). In the U.S., ethanol lobbying groups such as the Renewables Fuels Association (Washington, D.C.) and petroleum refiners continue to debate over the more widespread use of E15-blended gasoline (15% ethanol) versus the now standard E10 (10% blend) in the U.S. However, with export locations such as Brazil and Canada increasing their receipts of U.S. ethanol, ethanol production remains a big business in the U.S. Industrial Info is tracking billions of dollars' worth of ethanol-related projects in the U.S., mostly in the Midwest and West Coast regions.
Within this article: Details of both planned and under-construction ethanol projects in the U.S.
Companies featured: Magellan Midstream Partners LP (NYSE:MMP) and Valero Energy Corporation (NYSE:VLO)
